Award

Divisional Joined Due Diligence (SIETF/EETF/GGA/JTF)

SCOTTISH GOVERNMENT

This public procurement record has 2 releases in its history.

Award

05 Apr 2023 at 15:46

Tender

12 Dec 2022 at 16:53

Summary of the contracting process

The Scottish Government is looking to contract an external service provider for Divisional Joined Due Diligence services in the financial consultancy category. The tender, titled 'Divisional Joined Due Diligence (SIETF/EETF/GGA/JTF)', has been completed. The contract, lasting 36 months with a possible 12-month extension, involves financial, commercial, and technical checks and verification. The buyer, Scottish Government, located in Glasgow, is the contracting authority for this procurement.

This tender provides an opportunity for financial consultancy service providers looking to engage in due diligence projects. The Scottish Government's procurement process involves a transparent evaluation procedure with a focus on quality and price. Businesses with expertise in financial due diligence and technical verification are well-suited to compete for this contract, which aims to support capital projects in Scotland. The open procurement method allows for fair competition, making it accessible to a wide range of potential suppliers.

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Notice Title

Divisional Joined Due Diligence (SIETF/EETF/GGA/JTF)

Notice Description

The Scottish Government has a requirement to place a contract with an external service provider for the provision of Divisional Joined Due Diligence (SIETF/EETF/GGA/JTF). All Projects seeking capital funding will be subject to a robust evaluation process prior to due diligence. The independent due diligence process is a vital element of the evaluation process for capital support and will include detailed financial, commercial and technical checks and verification. The level of due diligence required will be based on the scale and complexity of the project. The four levels of due diligence required are. Level 1 - Financial Due Diligence Only Level 2 - Technical Due Diligence Only Level 3 - Financial Due Diligence and Technical Due Diligence Level 4 - Full Due Diligence The contract will be for a period of 36 months with the option to extend for an additional 12 months.

Lot Information

Lot 1

The Scottish Government has a requirement to place a contract with an external service provider for the provision of Divisional Joined Due Diligence (SIETF/EETF/GGA/JTF). The contract will be for a period of 36 months with optional extension of a further 12 months

Renewal: Optional 12-month extension option

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-038cc1
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/010034-2023
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66171000 - Financial consultancy services

Notice Value(s)

Tender Value
£1,000,000 £1M-£10M
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£1,000,000 £1M-£10M

Notice Dates

Publication Date
5 Apr 20232 years ago
Submission Deadline
31 Jan 2023Expired
Future Notice Date
Not specified
Award Date
26 Mar 20232 years ago
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Cancelled
Awards Status
Active
Contracts Status
Active

Contracting Authority (Buyer)

Main Buyer
SCOTTISH GOVERNMENT
Contact Name
Not specified
Contact Email
william.maclean@gov.scot
Contact Phone
+44 1412420133

Buyer Location

Locality
GLASGOW
Postcode
G2 8EA
Post Town
Glasgow
Country
Scotland

Major Region (ITL 1)
TLM Scotland
Basic Region (ITL 2)
TLM3 West Central Scotland
Small Region (ITL 3)
TLM32 Glasgow City
Delivery Location
TLM Scotland

Local Authority
Glasgow City
Electoral Ward
Anderston/City/Yorkhill
Westminster Constituency
Glasgow North

Supplier Information

Number of Suppliers
1
Supplier Name

ERNST & YOUNG LLP (EY

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

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The Open Contracting Data Standard (OCDS) is a framework designed to increase transparency and access to public procurement data in the public sector. It is widely used by governments and organisations worldwide to report on procurement processes and contracts.

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